Tearsheet
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https://tearsheet.co/ 28-12-2009 12:33:18
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Context: The current proposed rule on overdraft fees is part of the Bureau’s efforts to reduce junk fees.
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#CFPB #AvoidOverdraftFees #FederalReserveBoard
With only 44% of consumers deeming offers highly relevant to their needs, the research shows that a broad approach to personalization by grouping customers under a single category falls short.
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#creditcards #CreditCardRewards
From the customer’s perspective, calling the bank with which she already has a relationship with is easier than calling a retailer whose customer service may not be as accessible.
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#refunds #chargebacks #PostPurchaseIssues
'Many of the associates assisting our clients are heavy keyboard users; while they may not have a disability, they are still benefiting from a keyboard accessibility because it is faster for them than using a mouse.' lttr.ai/ART6O
#curbcuteffect #accessibility
To fill in this gap, Maine-based Bangor Savings Bank introduced ABLE Benefit Checking account.
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#banking #DifferentlyAbledPeople #NationalDisabilityInstitute
It seems like BaaS players like banks, middleware companies, and fintechs had time to bloom and are now experiencing a regulation-induced contraction.
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#baas #partnerbank #BankSecrecyAct
Additionally, the hallucination issue here creates potential false positives,” said Drayton Wade, Head of Strategy & Operations for Kognitos, a Gen AI startup backed by Khosla Ventures.
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#financialservices #GenAi #LargeLanguageModels
There is a need for financial institutions and other providers to help small business owners find innovative solutions through digital tools that can save them time and energy.
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#SMB #ChiefProductOfficer #SmallBusinessOwners
Fashion Sustainability: Sustainable fashion is gaining popularity among Gen Z, influencing their lifestyle choices and financial decisions.
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#greenfinance #financialservices #SustainableFashion
'One is the long-term trend of online payments, online shopping, online payments… The second thing was a recognition that other people were out there offering experiences that delivered more value and more delight to the consumer.”' lttr.ai/ARLRc
#digitalwallets